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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Diamond S Shipping Group, Inc. | NYSE:DSG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 109.87 | 0 | 00:00:00 |
"The alliance with Descartes is a natural extension to our business as we share a common vision to help standardize communications, automate processes and improve efficiencies across the air freight industry," said Aiguo Li, General Manager at InfoSky. "Federating with Descartes GLN provides our customers proven and reliable electronic access to members of the air cargo community in over 160 countries."
InfoSky is a division of TravelSky, the leading provider of information technology solutions to China's air cargo, travel and tourism industries. The InfoSky and Descartes alliance expands the breadth of Descartes' GLN by enabling connected parties to communicate electronically with Chinese airport ground handlers, cargo terminals, and air carriers, including Air China, China Eastern Airlines, Shandong Airlines and Sichuan Airlines. These carriers can also provide electronic status updates on air cargo shipments for connected freight forwarders. InfoSky's China-based forwarders benefit by being able to submit cargo bookings and communicate electronically with air carriers connected to Descartes' GLN.
"We've seen increasing demand in China for connectivity to a broader community of global air carriers," said Robert Beauchemin, Executive Vice President of Sales and Alliances at Descartes. "By federating with InfoSky, our customers now have improved electronic access to one of the most active regions for air freight in the world. We're pleased to work with forward-looking companies, like InfoSky, to increase the reach and offer additional value-added services to our respective customer bases and the air cargo industry at large."
About InfoSky
Operating as a division of China TravelSky Holding Company, InfoSky is the only air cargo information service provider authorized by the Civil Aviation Administration of China. It provides leading edge applications and IT services to airlines, airports and agents. It is also the first and the only Cargo 2000 certified IT solution provider in mainland China. Incorporated in October, 2002, China TravelSky Holding Company is a national enterprise under the State-owned Assets Supervision and Administration Commission of the State Council. TravelSky's core business is focused on airlines, airports, ticket sales agents, travel enterprises, relevant civil aviation institutions and international organizations, providing comprehensive solutions including air passenger service, air travel distribution, airport passenger processing, air cargo data processing, an internet travel platform, domestic and international transport revenue management systems as well as final settlement and liquidation services. TravelSky is headquartered in Beijing and has more than 4000 employees.
About Descartes
Descartes (TSX:DSG) (Nasdaq:DSGX) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes has over 147,000 parties using its cloud based services. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multi-modal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com.
This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based.
CONTACT: Media Contact Global Mavi Silveira +1(800) 419-8495 ext. 202416 msilveira@descartes.com
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